Intuit Payment Solutions
QuickBooks Merchant Services is Intuit’s umbrella term for all of its credit card processing services, including Online Terminal. It has different offerings depending on where you need to accept card payments: from your mobile device, in your online store, from a Web browser or from within QuickBooks.
As the merchant, you can select from two payment models — you can pay a monthly fee and then a lower percentage per transaction, or pay a higher transaction percentage in return for no monthly fee.
QuickBooks Online Terminal
QuickBooks Online Terminal is a merchant service for accepting card payments online. You log in to your Merchant Online Terminal account (see link in Resources), enter in the customer’s credit card information and complete the transaction. You can choose to send the customer a receipt by email. If you regularly bill customers, you can set up recurring payments for them. Multiple users can process payments at the same time. Online Terminal also supports importing to Excel and transaction tracking and reporting.
If you want to accept payments from your mobile device using QuickBooks Merchant Services, Intuit provides you with a card reader that connects to your phone and an app for an iPhone, iPad or Android. You simply swipe the credit card, have your customer sign in the app and the charge is processed. You can customize your receipts and text them to the customer. This service is expandable; up to 50 users can be added.
Merchant Services for Web Stores
Intuit offers a service for online stores that works with several e-commerce stores, such as GoDaddy, Web.com and UltraCart. After you connect your Merchant Services account with the e-commerce store service you selected, your customers can enter in their card information online to pay you. This service also includes mobile processing, security and fraud protection and the ability to create reports.
QuickBooks Merchant Services also offers services within QuickBooks. If you have a desktop version of QuickBooks, it’s much like Merchant Services for Web Stores — but it also syncs your QuickBooks, bank account and transactions; includes pre-authorization; and enables you to accept payments from within QuickBooks. If you have QuickBooks Online, you can accept payments from your QuickBooks account or a mobile device.